Housing Prices in Cleveland, MN

How much do homes in Cleveland, MN cost?

Median List Price

$419,950

$221/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$59,950(-12.5%)

Key Takeaway

The list price of homes in Cleveland has decreased by 12.5% since last year.

Summary: The median home list price in Cleveland was $419,950 in November 2024, down 12.5% from the previous year, and the median price per square foot was $221.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$359.9K
N/A
2 $462.4K$750K
+62.2%
3 $519.9K$352.5K
-32.2%
4 $469.9K$399.9K
-14.9%
5+ $509.9K$737.4K
+44.6%

Summary: Cleveland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.2%, 3 bedroom homes decreased by 32.2%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 44.6%.

Median List Price Compared To Nearby Cities

Cleveland Township
-4.2%
Cleveland
-12.5%

Housing Supply in Cleveland, MN

How many homes are available in Cleveland, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Cleveland real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Cleveland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Cleveland, MN

How long does it take to sell a home in Cleveland, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
89 Days65 Days-26.7%

Summary: Homes in Cleveland had an average listing age of 65 days in Nov 2024, down by 26.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Cleveland, MN

Nearby Markets to Cleveland, MN